Wolverine Asset Management LLC Sells 14,986 Shares of Paramount Group, Inc. (NYSE:PGRE)

Wolverine Asset Management LLC decreased its stake in Paramount Group, Inc. (NYSE:PGRE) by 69.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,536 shares of the financial services provider’s stock after selling 14,986 shares during the period. Wolverine Asset Management LLC’s holdings in Paramount Group were worth $32,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in PGRE. Point72 Asia Singapore Pte. Ltd. increased its holdings in shares of Paramount Group by 226.0% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,140 shares of the financial services provider’s stock worth $35,000 after buying an additional 4,950 shares during the last quarter. Point72 DIFC Ltd bought a new position in shares of Paramount Group in the 3rd quarter worth $37,000. Greenleaf Trust bought a new position in shares of Paramount Group in the 4th quarter worth $63,000. Quantinno Capital Management LP bought a new position in shares of Paramount Group in the 3rd quarter worth $64,000. Finally, Ground Swell Capital LLC bought a new position in shares of Paramount Group in the 3rd quarter worth $67,000. Institutional investors own 65.64% of the company’s stock.

Paramount Group Price Performance

PGRE stock opened at $4.51 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 4.45 and a current ratio of 4.45. Paramount Group, Inc. has a 52 week low of $4.21 and a 52 week high of $5.47. The firm’s fifty day moving average is $4.75 and its 200 day moving average is $4.88. The firm has a market cap of $979.92 million, a P/E ratio of -4.60 and a beta of 1.22.

Paramount Group Profile

Paramount Group, Inc (“Paramount” or the “Company”) is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.